KAGOSHIMA broker Accounts

kagoshima Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: kagoshima Account Types Overview

kagoshima Account Types Explained

Kagoshima offers several account types tailored to different trading needs. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:100.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, and indices.

2. ECN Account

• Minimum Deposit Requirement: ¥50,000
• Spread/Commission Structure: Tight spreads starting from 0.1 pips, commission of ¥500 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads, ideal for high-frequency trading.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, and cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: ¥100,000
• Spread/Commission Structure: Spreads from 0.5 pips, commission of ¥300 per lot.
• Leverage Options: Up to 1:500.
• Key Features: Advanced trading tools and analytics, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, and CFDs.

4. Islamic Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Similar to the Standard Account, no swap fees.
• Leverage Options: Up to 1:100.
• Key Features: Compliant with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex and commodities.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance of ¥1,000,000.
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:100.
• Key Features: Risk-free environment for practice, access to all trading instruments.
• Target User Profile: Beginners and traders testing strategies.
• Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate: ECN Account
• Advanced: Pro Account
• Muslim Traders: Islamic Account
• Practice: Demo Account

Part 2: kagoshima Account Features Comparison

Detailed kagoshima Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: ¥10,000

• ECN: ¥50,000

• Pro: ¥100,000

• Islamic: ¥10,000

• Demo: ¥1,000,000 (virtual)

• Maximum Leverage:

• Standard: 1:100

• ECN: 1:200

• Pro: 1:500

• Islamic: 1:100

• Demo: 1:100

• Spreads (Typical/Minimum):

• Standard: 1.0 pips

• ECN: 0.1 pips

• Pro: 0.5 pips

• Islamic: 1.0 pips

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: ¥500 per lot

• Pro: ¥300 per lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro (0.01)

• ECN: Mini (0.1)

• Pro: Standard (1.0)

• Islamic: Micro (0.01)

• Demo: Micro (0.01)

• Available Trading Platforms:

• Standard: MT4

• ECN: MT4, MT5

• Pro: MT4, proprietary

• Islamic: MT4

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Available for Islamic accounts only.

• Demo Account Features:

• Virtual balance, access to all trading instruments, risk-free trading.

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• Access to a wide range of instruments.

• ECN Account:

• Tight spreads for cost-effective trading.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Advanced tools for professional trading.

• High leverage options.

• Priority support.

• Islamic Account:

• Complies with Sharia law.

• No swap fees.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free environment.

• Ideal for practice and strategy testing.

• Access to all trading instruments.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires a higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• High minimum deposit requirement.

• More complex for beginners.

• Islamic Account:

• Limited to specific trading instruments.

• Not available for all account types.

• Demo Account:

• Virtual funds only; no real trading experience.

• Limited duration for practice.

Part 3: kagoshima Account Opening Requirements

kagoshima Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 20 years old.
• Geographic Restrictions: Open to residents of Japan and select countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.

Identity Verification Documents Needed

• Primary Documents:
• Residence card (Zairyu card)
• Passport
• Proof of Residence Requirements:
• Utility bill or residence certificate (Juminhyo).
• Additional Documentation for Professional Accounts:
• Employment verification or business registration documents.

KYC/AML Compliance Procedures

• All applicants must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which include providing valid identification and proof of address.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: kagoshima Account Opening Process

Step-by-Step kagoshima Account Opening Guide

1. Visit Website and Click Registration: Navigate to the kagoshima trading platform.
2. Personal Information Entry: Fill out the registration form with personal details.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Await verification from the kagoshima team.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• Registration processes are similar on both platforms, but mobile applications may offer a more streamlined experience.

Common Registration Issues and Solutions

• Issue: Document rejection.
• Solution: Ensure all documents are clear and valid.
• Issue: Delays in verification.
• Solution: Contact customer support for updates.

Average Account Approval Time

• Generally, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, providing any necessary documentation.

Part 5: kagoshima Demo Account Information

kagoshima Demo Account Guide

Demo Account Features and Benefits

• Risk-free trading environment with virtual funds.
• Access to all trading instruments.
• Ideal for testing strategies and familiarizing with the platform.

How to Open a Demo Account

• Visit the kagoshima website and select the demo account option to register.

Demo Account Limitations

• Limited duration for use, typically 30 days.
• No real monetary gains or losses.

Virtual Balance Amount

• Standard virtual balance of ¥1,000,000.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts involve real money and trading conditions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

Part 6: kagoshima Islamic Account Details

kagoshima Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for Standard, ECN, and Pro account types.

Eligibility Requirements

• Must be a Muslim trader seeking compliance with Sharia law.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees on overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, including limitations on certain instruments.

FAQs – kagoshima Account Types & Opening

1. What account types does kagoshima offer？

• kagoshima offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: ¥10,000, ECN: ¥50,000, Pro: ¥100,000, Islamic: ¥10,000, Demo: ¥1,000,000 (virtual).

1. How long does kagoshima account verification take？

• Account verification typically takes 1-3 business days.

1. Does kagoshima offer demo accounts？

• Yes, kagoshima offers demo accounts with virtual funds for practice.

1. Can I have multiple account types with kagoshima？

• Yes, you can open multiple account types as per your trading needs.

1. Does kagoshima offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available for Standard, ECN, and Pro account types.

1. What documents do I need to open a kagoshima account？

• You need a residence card, passport, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.